Altech Chemicals Announce HPA Demand Growth Tied to Lithium-Ion Batteries

23rd February 2016, ASX Announcement

Highlights

• Fast-emerging use of HPA in lithium-ion batteries for electric vehicles (EVs)
• HPA use in lithium-ion battery separators is in the region of 120g per kWh
• HPA increases discharge rates; lowers self-discharge; and lengthens life-cycles
• HPA increases the separator’s shrinkage temperature and reduces flammability during thermal runaways
• Altech forecasts HPA demand for lithium-ion battery separators at about 3,936tpa (China only) by 2020
• This market segment alone can potentially absorb all of the production from Altech’s proposed 4,000tpa Malaysian HPA plant

Altech Chemicals Limited (Altech/the Company) (ASX:ATC) is pleased to provide further information on the fast growing utilisation of high purity alumina (HPA) in lithium-ion batteries. Altech recently appointed Mr Martin Ma as the Company’s sales and marketing manager in China. Mr Ma has already commenced discussions with lithium-ion battery manufacturers in China where there is considerable interest for Altech’s HPA product.

The use of HPA embedded in large format lithium-ion battery separators is growing very rapidly. HPA is used to increase the battery’s discharge rates; lower self-discharge; and lengthen life-cycles. It is also used to increase the separator shrinkage temperature and reduce flammability during thermal runaways. Lithium-ion battery producers are reporting battery usage of ~120g of HPA per kilowatt-hour (kWh).

To read the full announcement, please click here.